Recap: Aemetis Q1 Earnings

Shares of Aemetis AMTX fell 2.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 18.97% year over year to ($0.69), which missed the estimate of ($0.53).

Revenue of $42,807,000 rose by 8.43% year over year, which missed the estimate of $49,040,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Aemetis hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 12, 2021

Time: 02:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/41240

Technicals

52-week high: $27.44

Company's 52-week low was at $0.66

Price action over last quarter: down 41.81%

Company Description

Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.